Individual income tax subtraction provided for discharges of indebtedness, and discharges of indebtedness excluded from income for purposes of property tax refund and renter's income tax credit.
Subtraction for certain discharges of indebtedness provision
Property tax refunds and individual income tax provisions modified, and renter's credit converted to refundable income tax credit.
Policy and technical changes made to individual income and corporate franchise taxes, sales and use taxes, property taxes and local government aids, and other miscellaneous taxes and tax-related provisions.
Property tax refunds; veterans educational benefits excluded from household income.
Individual income and corporate franchise taxes, sales and use taxes, property taxes and local government aids, and other miscellaneous taxes and tax-related provisions policy and technical changes made.
Individual income tax provisions modified, and student loan discharge subtraction established.
Property tax refund program conversion to a refundable income tax credit authorization
Individual income and property tax refund provisions modified, subtraction allowed for all federally taxable Social Security income, first tier income tax rate reduced, and homestead credit state refunds increased.
Individual income tax provisions modified, and public pension income subtraction provided.